Bitcoin / Tether US

BTC - Strong Rejection Ahead ❗️

2 969
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

🗒 As per my last educational post (attached on the chart), we know that the bulls will take over if we break above the falling flag #4

📌 BTC is now approaching a strong rejection in orange:
1- Round number 30,000
2- Classic Support Zone Turned Resistance
3- Supply zone

Hence we will be expecting the bears to take over around 30,000 for a correction before the bulls take full control again and break above it.

For the bulls to take over from a Marco perspective, we need a break above 32,500

🏹 Which scenario do you think is more likely to happen first? and why?

📚Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。